After Obama realized the BP spill was an unmitigated disaster rather than a tiny hiccup in an otherwise smooth operation, he ordered a halt to drilling all new wells deeper than 500 feet. He wanted time to asses the danger posed by new wells and our ability to respond to future mishaps.
Unsurprisingly, oil companies are fighting Obama’s decision and have decided to challenge the moratorium in court. Why bother waiting for better safety procedures to be in place when there is black gold to be harvested now?
I read about the Obama v. Oil Companies fight in an NPR story filed this morning.
P.S. This was my favorite part of the story:
Oil companies say the government should have to prove there’s a threat before shutting rigs down.